Common use of Limitations on Capital Expenditures Clause in Contracts

Limitations on Capital Expenditures. Make, or incur any obligation to make, Capital Expenditures (excluding expenditures to produce or acquire items of Product) for all Credit Parties and their Subsidiaries in excess of (x) US$5,000,000 for any fiscal year which to the extent unused may be carried over to subsequent fiscal years and (y) US$15,000,000 in the aggregate from and after the Closing Date.

Appears in 3 contracts

Samples: Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/), Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/), Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/)

AutoNDA by SimpleDocs

Limitations on Capital Expenditures. Make, or incur any obligation to make, Capital Expenditures (excluding expenditures to produce or acquire items of ProductProduct or Capital Expenditures of a potential merger or acquisition target made prior to such acquisition or merger) for all Credit Parties and their Subsidiaries in excess of (x) US$5,000,000 U.S.$10,000,000 for any fiscal year which to the extent unused may be carried over to subsequent fiscal years and (y) US$15,000,000 U.S.$30,000,000 in the aggregate from and after the Closing Date.

Appears in 1 contract

Samples: Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.